Phoenix Fund Services partners with Allvue Systems
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Phoenix Fund Services partners with Allvue Systems 20 November 2024US Reporter: Jack McRae
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Phoenix Fund Services has selected Allvue Systems as its technology provider to help enhance its fund administration services.
The partnership aims to allow Phoenix to differentiate itself from its competitors in the fund administration space.
Phoenix CEO Paulette Firestone says: “After evaluating several potential technology providers, Phoenix ultimately chose Allvue for their innovative platform, collaborative approach, and the competitive advantages their technology will deliver to our clients.”
Phoenix is the only women and minority-owned and led fund administration provider in the US and wanted a provider that reflected its values.
Stephanie Henwood-Darts, chief operating officer at Phoenix, explains: “As a values-driven company that prioritises strong relationships, we were impressed by their ability to deliver a solution tailored to our specific needs. With Allvue, we can offer our clients enhanced value — not only in data reporting but also in providing deeper portfolio insights for their investors.”
James DiCostanzo, global head of fund administration at Allvue, adds: “Allvue’s solution set for fund administrators empowers firms like Phoenix and their clients to scale and achieve operational efficiency. We look forward to supporting Phoenix’s growth as they continue to make their mark in the industry.”
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